How big is the South Korea Travel Retail Market?

July 2022: Dufry AG, the world’s largest duty-free operator, acquired Autogrill SpA, the motorway and airport catering company, from the Benetton Family.
April 2022: South Korea Lotte Duty Free has partnered with Korean Seven, the operator of the 7-Eleven convenience store chain, to expand local market sales of so-called domestic customs-cleared duty-free goods.

The South Korea Travel Retail Market size is expected to reach USD 12.60 billion in 2024 and grow at a CAGR of greater than 5% to reach USD 16.07 billion by 2029. Read More

What is the current South Korea Travel Retail Market size?

In 2024, the South Korea Travel Retail Market size is expected to reach USD 12.60 billion. Read More

Who are the key players in South Korea Travel Retail Market?

Lotte Duty Free, The Shilla Duty Free, Shinsegae Duty Free, Hyundai Duty Free and Dufry are the major companies operating in the South Korea Travel Retail Market. Read More

What years does this South Korea Travel Retail Market cover, and what was the market size in 2023?

In 2023, the South Korea Travel Retail Market size was estimated at USD 12 billion. The report covers the South Korea Travel Retail Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the South Korea Travel Retail Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

South Korea Travel Retail Companies

This report lists the top South Korea Travel Retail companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the South Korea Travel Retail industry.